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please show steps without using excel. - A bond matures in 30 years, has a 20-year duration and a yield to maturity of 9.32%. The

please show steps without using excel.

- A bond matures in 30 years, has a 20-year duration and a yield to maturity of 9.32%. The market interest rate has increased by 0.47%. - What is the modified duration? - What is the percentage change in price

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